IN THE HOUSE ~ Question Period ~ Canada loans $1 billion to a mining company who avoided nearly $700 million in taxes

You can watch the video here: https://youtu.be/Ty2vUBhPUmU

   Mr. Peter Julian (New Westminster—Burnaby, NDP): Mr. Speaker, they should take responsibility for this action. This economy simply is not working for everyday Canadians. Reports now indicate that a mining company received a loan from the government for $1 billion, and that is after this company apparently avoided paying nearly $700 million in Canadian taxes.

    That is just not fair. Canadians are tired of one set of rules for them and another set of rules for the wealthy and well-connected. When will the Prime Minister stop this game of letting the wealthy get away without paying their fair share?

   

  Right Hon. Justin Trudeau (Prime Minister, Lib.): Mr. Speaker, from lowering taxes on the middle class to raising them on the wealthiest 1% to aggressively going after tax avoidance and evasion, this government is working very hard to make sure that our tax system is fair.

    We recognize that EDC is a crown corporation that operates independently from the government, but we are committed to the base erosion and profit-shifting project which addresses aggressive international tax avoidance strategies used by some multinational companies.

 

Latest posts

Share this page

Are you ready to take action?

Attend an Event
Constituent Resources

Sign up for updates